To me, it was never really about which exact block size would be best, but the troubles of the changing of it. It is just beyond messy trying to have millions of people agree on a number. I much prefer the BTC and BSV delineation.
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Ultimately, you have to decide how much sats to stack, and not trust strangers on the internet. If something is undervalued to the tune of magnitudes, it would be in their interest to stack in silence and, if anything, tell you to do the opposite.
Soon. But for real though
BTC will likely stabilize between 50k-100k per coin (of today's USD) over the decade. This is my prediction and I will branch this when it occurs.
BTC has a very low chance in becoming global money though, because its simply not good enough for that.
Every time I send BTC to an exchange, it takes so god damn long the price has pumped even more when reaching there.
Catch-21: A fixed supply money can't possibly work because producers produce too much stuff.
Wait...
Now would be a good time for CSW to exploit the fatal flaw he discovered in SegWit.
Yes, but large, old companies ought to stay away from buying and hoarding BSV too in my opinion.
They can pay dividends and let share holders do this speculation. Instead you will have treasury managers boasting of their Bitcoin purchases today, then panicking and selling during the next crash.
Companies buying Bitcoin at these levels are reckless.
Soonageddon on here today.
One money is optimal in theory, and there is always a converging force. But a free market for monies is always the best check against tyranny. Market participants anticipate State capture and will allocate to better monies in accordance to threat level.
The more resources concentrated into fewer monies, the more vulnerable to state control.
A market for many different kinds of money/currency/commodity etc. is a better check on tyranny than a single global money.
Propaganda by one of the oldest, most entrenched banks in Sweden.
"Zombie companies are not dangerous for growth and welfare."
"The Science doesn't support the fact that zombies crowd out healthy companies."
"Kill zombies, and you will kill startups."
If you've got a public, more stationary ASIC-farm, it can be seized easily. If you have smaller units dispersed, even if less hash power/unit, you may be able to escape detection and seizure. The entrepreneur must plan according to threat level.
Syntax error if the jurisdiction they operate under later demand they cease activities.
There will be a balance between agility/mobility, and more hash effective stationary hardware. This balance is for miner capitalists to decide.
I hope you are sarcastic.
Valentine's is around the corner. If you screw up and gf or wife is mad, try embedding some BoostPow to your apology and she will forgive you instantly.
All of the above might be somewhat true for America, not elsewhere. And I'm never giving up, moving away from looters is rather effective, but not a silver bullet sadly.
Lawr!
Let's hope so. But even common law societies sporadically devolved into tyranny (18th c New England), banning the use of specie for worthless paper. They had brutal "committees of safety" decades before those of the same name in Revolutionary France.
And I am telling you this tool is likely getting banned if becoming large, if history is any guide. I hope people resist the law then, it's their Bitcoins, not the looters. But they must expect to break the law to keep what's theirs.
Joke all you want, Bitcoin is mainly about breaking the law. The monopolist doesn't like competition. It imprisoned people historically for speaking ill of its money. It executed people for asking in which money a trade should settle.
You can't legally fight the government on many, many places on Earth. Even less so, when the nation is in economic trouble.
What if you are not allowed to leave with much wealth? Are you obeying law?
The government may classify it as such. What do you do then, stop spending (and twetching)?
If your government bans all "crypto". Are you going to stop using BSV? Or are you going to break the law?
When you say I don't have to, do you mean because of miner incentives?
If I don't run a full node, are you saying I can verify supply rules, for example, with 100% certainty?
In and of itself, a very small tx fee makes Bitcoin more akin to "digital gold". It is the externality of the ever growing chain data that is the issue, as it, unlike with gold, makes it harder to assess that it's the type of Bitcoin you thought it was.
The system is fraudulent because the State wants it so. It taxes it. Bitcoin necessarily will break the law unless you think it will adjust the protocol to the wishes of the fraudsters in the future. They regulate hairdressers for God's sake.